UK government borrowing increased sharply in the first eight months of the fiscal year as the cost of helping people with the living standards crisis drove up government spending. The deficit ...

The U.K.’s economic growth is expected to stay modest while the country’s public finances remain squeezed, the OECD said ...

(Reuters) -London equities fell on Thursday in broad-based declines as concerns over a deteriorating fiscal outlook in the U.S. and higher-than-expected UK government budget deficit dampened investor ...

The biggest points from the Budget ... the UK’s stability rules. The UK deficit is expected to fall sharply in 2025/2026, and the UK deficit could fall to 2.1% of GDP by the end of the ...

The news: The UK government borrowed almost £15 billion ($31.6 billion) more than expected during the last fiscal year, upping pressure on chancellor Rachel Reeves to increase taxes in her autumn ...

UK government borrowing sharply ... receipts and higher spending, leaving the government on track for a “hefty” overshoot in its current budget deficit in the current fiscal year, said Alex ...

DEBT interest costs pushed up UK government borrowing more than predicted last month, putting Chancellor of the Exchequer Rachel Reeves on course to overshoot official forecasts this year. The budget ...

Britain ran a bigger-than-expected budget deficit in December ... The ONS said the UK government racked up an £8.3 billion debt interest bill in December, the third-highest December total ...

British equities ended lower on Thursday in broad-based declines as concerns over a deteriorating fiscal outlook in the U.S.